Overview
What is Belmont Community Day Care Center Inc?
Belmont Community Day Care Center Inc is a compassionate nonprofit organization situated in Bronx, New York. Their primary focus is on operating a day care center and after-school program, catering to preschool children. By providing high-quality and dependable child care services, they aim to support families within the community. Their mission is a testament to their commitment to ensuring the well-being and development of young children, offering an environment that fosters growth and reliability.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.
Belmont Community Day Care Center Inc has received a strong rating of 94%, indicating a high level of accountability and financial health. The organization boasts an independent board, with 100% of its members being independent, which enhances its governance and decision-making processes. Additionally, it has received perfect scores in various areas such as financial statements, conflict of interest policies, and whistleblower policies, showcasing its commitment to transparency and ethical practices.
The organization excels in its financial management, reflected in a Program Expense Ratio of 87.61%, meaning that a significant portion of its expenditures directly supports its programs. Furthermore, its liabilities to assets ratio of 16.25% suggests a sound financial structure with manageable debt levels. These metrics highlight Belmont Community Day Care Center's effectiveness in utilizing resources to achieve its mission.
While the financial and governance structures are commendable, the summary does not provide insights into any potential limitations or challenges the organization may face. However, the strong ratings and comprehensive policies in place speak to its ability to maintain trust and reliability in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Belmont Community Day Care Center Inc legitimate?
Belmont Community Day Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmont Community Day Care Center Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $285,084
Professional Fundraising Fees: $0
Other Salaries and Wages: $867,438
For more financial information, click here
What is the mission statement of Belmont Community Day Care Center Inc?
The Belmont Community Day Care Center Inc is dedicated to operating a day care center and after-school program. Their mission, in its essence, is to provide top-notch, dependable child care services for families. This mission is geared towards preschool children, aiming to ensure they receive the best possible care. The center's primary objective is to contribute positively to these children's early years, fostering an environment that supports their growth and development.
Who is the CEO of Belmont Community Day Care Center Inc?
Camille Acampora is the Treasurer of Belmont Community Day Care Center Inc.
What is the revenue of Belmont Community Day Care Center Inc?
Belmont Community Day Care Center Inc's revenue in 2022 was $1,593,432.
Who are the executives of Belmont Community Day Care Center Inc and what are their salaries?
The average compensation at Belmont Community Day Care Center Inc during 2022 was $42,686. There are 27 employees at Belmont Community Day Care Center Inc.
Here are 11 key members and their salaries:
- Compensation: $105,000
- Related: $0
- Other: $0
- Compensation: $86,563
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Belmont Community Day Care Center Inc?
Belmont Community Day Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Belmont Community Day Care Center Inc
Belmont Community Day Care Center, as a nonprofit organization, is dedicated to the operation of a day care center and after-school program. Its mission is to deliver high-quality, dependable child care services to families residing in Bronx, NY. By providing this essential service, the center aims to contribute positively to the lives of preschool children, ensuring they receive the care and nurturing they require during their formative years.
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Impact
August, 2024
Belmont Community Day Care Center Inc's impact can be seen in the high-quality child care services it provides to preschool children and families in the Bronx, NY area. By operating a day care center and after-school program, the organization is fulfilling its mission of offering reliable care and support to the community. The services offered by Belmont Community Day Care Center Inc contribute to the well-being and development of children, supporting working families and creating a positive impact on the local community.
This information is meant to be a general summary of Belmont Community Day Care Center Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $19,112
- Gross Receipts: $1,593,432
Assets and Liabilities:
- Total Assets: $662,070
- Total Liabilities: $172,018
- Net Assets: $490,052
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRIVATE TUITION
Revenue
$19,077
INTEREST INCOME
Revenue
$35
Organization Details
Founding Year
1971
Principal Officer
Camille Acampora
Main Address
2340 Cambreleng Ave, Bronx, NY, 104588305
NTEE Category
Code: P33Z - Human services
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